Uganda - Telecoms, Mobile and Broadband - Statistics and Analyses
Sydney, June 13, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Uganda-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
In line with these licensing requirements, MTN Group completed an IPO for its Uganda unit in October 2021, though it only managed to sell 60% of the 20% stake on offer, raising UGX535.9 billion. As a result of the IPO, the Group’s interest in MTN Uganda fell to about 83%. In the following December, the Group proceeded with listing its 22.4 billion ordinary shares on the Uganda Securities Exchange.
While these events have been ongoing, the economic consequences of the pandemic contributed to the exit of Africell in October 2021.
Nicolas Bombourg: [email protected] Europe office: +44 207 097 1241 Oceania Office: +61 280 767 665